Extract to table

3 Threshold Satisfaction Based on the foregoing turnover data, we have determined that all three cumulative thresholds under GWB §35(1) are met: Accordingly, the filing of a merger control notification with the Bundeskartellamt is mandatory and must be completed prior to the consummation of the Transaction

The notification should include, at a minimum, the following elements: (a) Identification of all undertakings concerned (beteiligte Unternehmen): The notification must identify Ardent Capital Partners III LP, Ardent Apex Holdings Inc

For the acquirer group, this must include all portfolio companies controlled by funds managed by Ardent Capital and its affiliates that have any German nexus (revenue or registered entities)

(b) Organizational charts: Complete organizational charts for both the acquirer group (including all Ardent fund portfolio companies with German nexus) and the Target group must be included

The relevant timeline considerations are as follows: • Phase I review period: Pursuant to GWB §40(1), the Bundeskartellamt must complete its Phase I review within one month from the date of receipt of a complete notification

The notification must be filed in German in accordance with the Bundeskartellamt's procedural requirements